Sunnyvale Bankruptcy & Debt Lawyer, Texas

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Ted Machi
About | Practice Areas
Machi & Associates, P.C.
1521 North Cooper Street Suite 550 Arlington, TX 76011» view map
Accident & Injury, Bankruptcy, Social Secuirty
We Fight So You Don't Have To

Our professional team of attorneys and staff provide the experience and expertise needed to effectively handle your case.

800-804-0771
1. Ted Machi Arlington, TX
  Attorney at Law- TX
  Marquette University Law School, JD 1976
2. AboutMachi & Associates, P.C.
  We Fight So You Don't Have To
3. Practice AreasExpertise
  Accident & Injury Law
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Daniel James Artz

Commercial Real Estate, Litigation, Credit & Debt, Bankruptcy

Status: In Good Standing Licensed: 42 Years

CONTACT

436 E Tripp Rd, Mesquite, TX 75182

David Irwin Goodhart

Estate Planning, International Tax, Bankruptcy, Criminal, Commercial Real Estate

Status: In Good Standing Licensed: 29 Years

CONTACT

192 N Collins Rd, Mesquite, TX 75182

Jordan Montgomery Lewis

Traffic, Patent, Employment, Bankruptcy

Status: In Good Standing Licensed: 10 Years

CONTACT

129 N Collins Rd, Mesquite, TX 75182

Pamela Jean Franklin

Identity Theft, Civil Rights, Consumer Bankruptcy, Bankruptcy

Status: In Good Standing Licensed: 32 Years

CONTACT

357 Marble Creek Ct, Mesquite, TX 75182

Robert J. Fuller

Bankruptcy, Dispute Resolution, Insurance, Personal Injury, Criminal

Status: In Good Standing Licensed: 42 Years

CONTACT

212 Mansfield Blvd, Mesquite, TX 75182

Sharon E. Grass

Credit & Debt, Bankruptcy & Debt

Status: In Good Standing Licensed: 44 Years

CONTACT

112 S Bryan Belt Line Rd, Mesquite, TX 75149

Gregg Oberg

Motor Vehicle, Litigation, Consumer Bankruptcy, Personal Injury, Accident & Injury

Status: In Good Standing

CONTACT

1839 Ridgeview St, Mesquite, TX 75149

Clifton M. Freeman

Litigation, Business & Trade, Consumer Bankruptcy, Personal Injury, Accident & Injury

Status: In Good Standing Licensed: 42 Years

CONTACT

403 S Walker St, Mesquite, TX 75149

Arthur Stephen Linn

Wills, Family Law, Consumer Bankruptcy, Bankruptcy

Status: Deceased Licensed: 26 Years

CONTACT

2306 Guthrie Road, Garland, TX 75043

Stephen H. Ramsey

Litigation, Collaborative Law, Family Law, Credit & Debt

Status: In Good Standing Licensed: 49 Years

CONTACT

717 Glenhaven Dr, Mesquite, TX 75149

800-923-0641

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LEGAL TERMS

LIEN

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortg... (more...)

The right of a secured creditor to grab a specific item of property if you don't pay a debt. Liens you agree to are called security interests, and include mortgages, home equity loans, car loans and personal loans for which you pledge property to guarantee repayment. Liens created without your consent are called nonconsensual liens, and include judgment liens (liens filed by a creditor who has sued you and obtained a judgment), tax liens and mechanics liens (liens filed by a contractor who worked on your house but wasn't paid).

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

CHAPTER 7 BANKRUPTCY

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 b... (more...)

The most familiar type of bankruptcy, in which many or all of your debts are wiped out completely in exchange for giving up your nonexempt property. Chapter 7 bankruptcy takes from three to six months, costs about $200, and commonly requires only one trip to the courthouse.

INTEREST

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to ... (more...)

A commission you pay a bank or other creditor for lending you money or extending you credit. An interest rate represents the annual percentage that is added to your balance. This means that if your loan or credit line has an interest rate of 8%, the holder adds 8% to the balance each year. More specifically, interest is calculated and added to your loan or credit line through a process called compounding. If interest is compounded daily, the balance will rise by 1/365th of 8% each day. If interest is compounded monthly, the balance will rise 1/12th of 8% at the start of each month.

C CORPORATION

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S c... (more...)

Common business slang to distinguish a corporation whose profits are taxed separate from its owners under subchapter C of the Internal Revenue Code, from an S corporation, whose profits are passed through to shareholders and taxed on their personal returns under subchapter S of the Internal Revenue Code.

COLLECTION AGENCY

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the d... (more...)

A company hired by a creditor to collect a debt that it is owed. Creditors typically hire a collection agency only after they have made efforts to collect the debt themselves, typically through letters (called 'dunning' letters) and telephone calls. Collection agencies are regulated by the federal Fair Debt Collection Practices Act. Unfortunately, too many collectors ignore this law.

LIMITED PARTNERSHIP

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner ... (more...)

A business structure that allows one or more partners (called limited partners) to enjoy limited personal liability for partnership debts while another partner or partners (called general partners) have unlimited personal liability. The key difference between a general and limited partner concerns management decision making--general partners run the business, and limited partners, who are usually passive investors, are not allowed to make day-to-day business decisions. If they do, they risk being treated as general partners with unlimited personal liability.

PRESUMED ABUSE

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means te... (more...)

In a Chapter 7 bankruptcy, when the debtor's current monthly income exceeds the family median income for his or her state and he or she cannot pass the means test, the court will presume that the debtor has sufficient income to fund a Chapter 13 plan. In this situation, the debtor will not be allowed to proceed with a Chapter 7 bankruptcy unless the debtor can prove that he or she is not abusing the Chapter 7 bankruptcy remedy.

TOXIC TORT

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and su... (more...)

A personal injury caused by exposure to a toxic substance, such as asbestos or hazardous waste. Victims can sue for medical expenses, lost wages and pain and suffering.

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Sunnyvale Bankruptcy & Debt Lawyer, Texas

Sponsored Law Firm

Machi & Associates, P.C.

SPONSORED LAWYERS

Daniel James Artz

David Irwin Goodhart

Jordan Montgomery Lewis

Pamela Jean Franklin

Robert J. Fuller

Sharon E. Grass

Gregg Oberg

Clifton M. Freeman

Arthur Stephen Linn

Stephen H. Ramsey

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LEGAL TERMS

LIEN

CURRENT MONTHLY INCOME

CHAPTER 7 BANKRUPTCY

INTEREST

C CORPORATION

COLLECTION AGENCY

LIMITED PARTNERSHIP

PRESUMED ABUSE

TOXIC TORT

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